Memphis apartment buildings

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Cooper Young, Midtown, some of downtown, SE memphis, east Memphis, Germantown, Cordova, Bartlett and most suburbs to the east and south. Basically, you can go from downtown and head east along Union/Walnut Grove you're for the most part in the path of progress. 

Now, if you are looking for a lot of value add potential and don't mind a C-class area, then you can expand that a lot